QUESTION TWO [25] The following information has been extracted from the financial statements of Sowoni Limited: Statement of Comprehensive Income for the year ended 30 June 2022 R Sales 4 500 000 Cost of sales 2 050 000 Gross profit 2 450 000 Operating expenses 780 000 Profit from operations 1 670 000 Interest income 55 000 Interest expense ? Profit before tax 1 605 000 Income tax 481 500 Net profit 1 123 500 Required: 2.1. Analyse two possible reasons why the shareholders would be interested in the statement of comprehensive income 2.2. Calculate the interest expense for the year ended 30 June. 2.3. Discuss the accounting treatment of sales returns and allowances. 2.4. Interest has been calculated at 8% per year on the amount invested. Assuming there was no change in investments during the year, determine the value of the investment. 2.5. Describe which method of depreciation will result in lower net profit in the early years of the life of the asset. 2.6. Analyse the significance of operating profit to investors.